Lunar market: trends and forecasts 2024–2034

This report analyses the revenue opportunities within the lunar market across eight applications (outlined below) that support a range of missions. It describes how a four-phase development timeline will evolve between 2024 and 2034 and examines how the lunar market will develop. It also offers recommendations to governments and commercial players on strategic market positioning. 

The revenue opportunity in the lunar market is forecast to reach USD188 billion between 2024 to 2034. However, lunar missions require extensive R&D, which makes it is difficult to generate revenue, and investors are hesitant to fund high-risk ventures. To sustain lunar operations, government agencies must collaborate internationally while commercial players must create strategic partnerships.

Coverage

• Forecast of the total lunar market revenue opportunity for 2024–2034.
• Analysis of the lunar market landscape and strategic positioning of governments and commercial players within the market.
• Analysis of the impact that geopolitical shifts will have on the lunar market.
• Market opportunities by application, and strategic recommendations to help players capture a higher share of the market for each application.
• The impact of key government programmes such as Artemis and ILRS on international co-operation in lunar market.
• The main market challenges and opportunities.

Segmentation

Questions answered

• What is the total revenue opportunity for the lunar market between 2024 and 2034?
• Who are the main players in the lunar market landscape?
• What impact will high-profile government programmes have on the lunar economy?
• Which strategies are stakeholders across the value chain implementing to increase their market share across different applications?
• What are the main challenges in the lunar market?
• What impact will the US government’s evolving strategic positions and wider geopolitical shifts have on the lunar market worldwide?

Who should read this report

• Space agencies
• Insurance brokers/providers
• Investors and financial institutions
• Government agencies 
• Satellite operators, manufacturers and integrators
• Lunar services providers
• Launch vehicle manufacturers
• Launch brokers and integrators
• Sub-system and component manufacturers
• Ground systems manufacturers and service providers
• Regulatory agencies and policy makers
• Data analytics companies

Companies mentioned

Astrobotic, Blue Origin, China Aerospace Corporation, CSA, ESA, Intuitive Machines, iSpace, JAXA, KSAT, Lunar Outpost, NASA, Nokia, Space X, SSC Space, Venturi Astrolab and Viasat